WHY IS INVESTING IN THE UPCOMING AFFORDABLE HOUSING IN GURUGRAM AN IDEAL CHOICE?


Upcoming affordable housing projects in Gurugram are in high demand amongst both the builders and the buyers. The affordable housing segment has seen rapid growth in the past few years. It is only growing as the population continues to rise. In our country, most of the society comprises middle and lower-middle-class families. For them, the upcoming affordable housing in Gurugram is a helping hand. What makes it ideal to invest in these housing projects? Let’s find out. 

With the pandemic hitting the world hard, our country also experienced a significant economic loss. But we are all set to get back on our feet and make for a better future. Today, in this rapidly developing world, it has become necessary to settle down in areas that promote exponential growth, like the millennial city Gurugram. Gurugram is the industrial hub of the country, also known as the IT hub of North India. There is also enormous potential for employment in the city that makes it favorable for the people to invest in homes in Gurugram and achieve a brighter future for themselves. 


Economically weaker sections of the society, which include the lower-middle class and the middle class, travel to cities where they can grab better opportunities. For them, it is tough to afford the high prices of real estate and be able to make a living in tier 1 cities. With upcoming affordable housing projects in Gurugram, they can afford a lifestyle that is beneficial for the present and their future. A quality lifestyle with vast opportunities and the will to make it happen for yourself is all it takes to achieve better things in life. Opportunities that enable top-class education, better employment, residential properties, affordable housing, proximity to commercial sectors, etc. Being close to the capital of the country also invites greater chances in all aspects of life. With location benefits like these, anyone would not want to miss out on a chance to live in the millennial city. 


---


At MRG World, you get ample benefits that provide for a quality lifestyle. They are one of the top developers in the real estate sector in Gurugram with big projects in the affordable residential and commercial market. MRG World has a lot to offer when it comes to enticing benefits, amenities, and services that they offer. Their projects come under the Government’s “Housing for All” scheme. These provide tax benefits to the people on housing loans. With additional advantages on other incentives, more and more people are drawn towards these upcoming affordable housing projects in Gurugram. 


Here are some of the benefits and amenities that the MRG World provides-


  • Location benefits include proximity to major hubs of the city and around, major highways for better connectivity to different parts of the region, better health services, and top educational institutions are also in the vicinity.


  • No maintenance charge has to be given for five years, up to 90% loan is provided by banks, association with Pradhan Mantri Awas Yojana (PMAY), no charges for external or infrastructure development, possession within 4 years.


  • MRG World also stands out in terms of the amenities that they provide: Badminton and tennis court, yoga center, free parking facilities, cycling tracks, playgrounds for children, jogging track, parks full of lush greenery, gated complex with CCTV, and 24×7 security.


With buying a home comes a sense of security. The upcoming affordable housing in Gurugram is situated in areas surrounded by the major hubs of the city and around. These include major highways, schools, and colleges, commercial projects, hospitals, etc. All these factors prove to be a major plus point when you own a place nearby. The quality of life is enhanced and it only evolves with time. The impact is visible not just on the individual or a family, but the community as a whole. Rapid urbanization in Gurugram is the result of growing demand in the affordable housing sector. More and more people are now willing to move to the city and enhance their lifestyles. 



Moreover, these projects come under the Government's “Housing for all” schemes which include PMAY and HUDA. 


  • The Pradhan Mantri Awas Yojna (PMAY) is a scheme that supports the economically weaker section with their housing needs, which brings them one step closer to achieving their dreams. The scheme offers- The Pradhan Mantri Awas Yojana came into being in the year 2015 and the motive was to provide housing for all by the year 2022. Also, there are other everyday basic amenities that provide for an ideal lifestyle, and these come under the PMAY. These are provided for homes up to a 30 sq meter carpet area. Finally, the aim is to address the housing needs and requirements of the economically weaker who chose to settle in the urban areas to make their future flourish. 


  • HUDA Affordable Housing Policy, introduced in 2013 under Pradhan Mantri Awas Yojana (PMAY). Here, the aim is to deliver to the needs of those belonging to low-income groups and the intent here is to meet their needs. The more convenient it is for these individuals and families to afford a home, the more our society advances. 


Finally, it can be said with certainty that investing in the upcoming affordable housing in Gurugram is an ideal choice because of the positive effects it has on one's quality of life

Comments

Post a Comment

Popular posts from this blog

Real Estate Market In NCR And Residential Property In Gurgaon

Image
One of the most prominent industries across the globe is the real estate industry. Its four sub sectors are retail, housing, business, and hospitality. Development of the real estate sector depends upon the growth of the corporate sector. An increase in demand for office spaces leads to an increased demand for residential spaces near it. After the agricultural sector, the real estate sector is known to generate the second-highest number of job opportunities in India. This sector is also likely to observe a greater number of Non-residential Indians (NRI) investing, both in the long and short term. The most favoured property investment destinations for NRIs are known to be the metro cities of India, including Bengaluru, Pune, Ahmedabad, Chennai, Delhi-NCR, Goa, and Dehradun. Delhi - NCR occupies a massive space under India’s real estate umbrella offering a wide range of property segments. The real estate sector in India, including Delhi-NCR has been developing each year. In Spite of the
Read more

Understanding the perks of investing in ready-to-move flats

Image
 2020 global pandemic has been tremendously responsible for the shift in the real estate behaviors of common people, especially the new house seekers. The increasing awareness of the need for a house has been the most prominent focus amidst the revolutions so far. The 2020 pandemic increased people's awareness of the need of having a home. Having a home under your name, no matter how tiny or large offers security! And, in a society where animals also require a home, purchasing a property to serve as the shelter is the most prioritized investment anyone can ever think of. However, not everybody can manage to own a castle or villa. That highlights the need of addressing the value of ready-to-move-in apartments, which have gained considerable attention among millennials and younger adults. In the current real estate world, imagine how people are leaning toward the investment of a ready-to-move house. If you consider yourself falling under the same queue, here's what you must lear
Read more

Can Ready to move in flats in Gurgaon give you high returns?

Image
Looking for affordable ready-to-move flats in Gurgaon that are furnished already and move in with family? What is an affordable home that is furnished to move in? These affordable home options are in demand these days, and you should know the reason for the same before investing in one of them. It offers a plethora of benefits, and one of them is that there is no unnecessary delay with its handover process. If planning for this option, you do not have to wait till the completion of the project or other amenities to complete. It is available ready for customers to move in and start living. Therefore, one would benefit from choosing a ready-to-move-in flat over the under-constructed property option. However, it may vary on some factors from one state to another. Will the ready-to-move affordable housing in Gurgaon give high returns years later than over options available? One should evaluate this carefully before deciding to choose a ready-to-move-in housing property. The advantages wou
Read more